Bears return to D-Street after 2-day rally; Sensex tumbles over 714 points on weak global trends
Zee News
The BSE benchmark Sensex tanked 714.53 points or 1.23 per cent to settle at 57,197.15. During the day, it plummeted 776.96 points or 1.34 per cent to 57,134.72.
Mumbai: Equity markets halted their two-day rally on Friday, with the Sensex tumbling 714.53 points amid weak global equities and selling in index majors Infosys, ICICI Bank, HDFC Bank and Reliance Industries.
Continuous foreign fund outflows also dented sentiments.
The BSE benchmark Sensex tanked 714.53 points or 1.23 per cent to settle at 57,197.15. During the day, it plummeted 776.96 points or 1.34 per cent to 57,134.72.
The NSE Nifty also declined 220.65 points or 1.27 per cent to 17,171.95.
Among the 30-share Sensex pack, State Bank of India, Hindustan Unilever, IndusInd Bank, Dr Reddy's, Axis Bank, Bajaj Finserv, ICICI Bank and Infosys declined the most.